SOUTHERN PARTNERS FUND INC (EIN 582409301) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Phone

4045419091

Tax Period

2023-01-01 to 2023-12-31

SOUTHERN PARTNERS FUND INC, founded in 1998, is a community nonprofit in the Human Services sector that reported $7.4M in total revenue in fiscal year 2023. Revenue surged 247% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.7M, a strong 50% operating margin.

Mission

SOUTHERN PARTNERS FUND IS A FOUNDATION CREATED TO Support grassroots community organizations in the rural South seeking racial, economic and environmental justiceby providing financial resources, technical assistance, training and access to systems of information and power.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,080,017

Program Service Revenue $0

Investment Income $336,793

Other Revenue $0

TOTAL REVENUE $7,416,810

Expense Breakdown

Grants Paid $2,008,522

Salaries & Benefits $915,327

Fundraising Expenses $245,521

Program Expenses $3,004,480

Other Expenses $775,425

TOTAL EXPENSES $3,699,274

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,416,810	$2,134,554	+2.5%
Expenses	$3,699,274	$3,290,615	+0.1%
Net Income	$3,717,536	$-1,156,061	-4.2%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$528,603

Total Directors

$80,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FERNANDO CUEVAS JR	Executive Dir.	40.00	Officer	$180,025	$57,471	$237,496
DAPHNE SAETHANG	CFO	40.00	Officer	$98,066	$52,237	$150,303
ANTOINE SMITH	PROGRAM OFFICER	40.00	Officer	$77,627	$48,177	$125,804
CAROLYN FORD	Director	10.00	Director	$11,500	$0	$11,500
TIRSO MORENO	Director	10.00	Director	$9,000	$0	$9,000
GARDENIA WHITE	Director	10.00	Director	$9,000	$0	$9,000
KAREN WATSON	Director	10.00	Director	$8,750	$0	$8,750
MARGARITA ROMO	Director	10.00	Director	$7,500	$0	$7,500
BRETT BURSEY	Director	10.00	Director	$7,500	$0	$7,500
ERIN DALE-MCCLELLAN	Treasurer	10.00	Officer Director	$7,500	$0	$7,500
SHAQ COSSE	Director	10.00	Director	$7,500	$0	$7,500
DIANNA FREELON-FOSTER	Chairman	10.00	Officer Director	$7,500	$0	$7,500
JOHN LITTLES	Director	10.00	Director	$5,000	$0	$5,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$7,416,810	$3,699,274	$25,523,608	$3,717,536
2022	$2,134,554	$3,290,615	$20,097,875	$-1,156,061
2021	$3,037,117	$3,146,534	$23,852,261	$-109,417
2020	$15,879,322	$2,937,381	$22,617,938	$12,941,941

SOUTHERN PARTNERS FUND INC